October 29, 2025 12:35 PM

Apple hits $4 trillion market value as new iPhone models revitalize sales

Apple briefly topped $4 trillion in market value for the first time on Tuesday, the third Big Tech company to hit the milestone, as robust demand for its latest iPhone models allayed fears over its slow progress in the AI race. Its stock briefly reached $269.89, giving Apple a market value of $4.005 trillion, before receding and ending the day up 0.1%, giving the company a value of $3.992 trillion. Apple's shares have gained about 13% since the new launches on September 9, in a turnaround th...

September 11, 2025 1:22 PM

Slim iPhone Air may be a design win for Apple, but AI doubts linger, analysts say

Apple CEO Tim Cook channeled his predecessor and design genius Steve Jobs on Tuesday when he unveiled the iPhone Air, the company's slimmest handset yet and the biggest change in eight years to a lineup fans and analysts complained was stagnating. Cook kicked off the company's annual product launch event at its Cupertino, California, headquarters with a Jobs quote: "For us, design goes beyond just how something looks or feels. Design is also how it works." Inside its 5.6-mm (0.22-inch) slim ...

September 10, 2025 2:24 PM

Apple launches slim iPhone 17 Air, new AirPods and Watch in holiday refresh

Apple unveiled a new generation of the iPhone, including a sleek model dubbed iPhone 17 Air, and several other devices on Tuesday, as it looks to drive upgrades and spur sales ahead of the holiday shopping season. The Cupertino, California-based company largely kept device prices unchanged from last year amid U.S. President Donald Trump's tariffs that have hurt the company's profit, but dropped the 128 GB storage option from its iPhone lineup. Here's all you need to know about the latest Apple...

September 9, 2025 3:49 PM

Apple event expected to feature a slimmer iPhone as pricing, AI questions linger

Apple on Tuesday is expected to unveil a new lineup of iPhones, including a thinner "Air" model that could be a precursor to a folding phone next year. The slimmed phone, which analysts said is likely to be slotted in the middle of Apple's handset lineup between less expensive iPhone 17 models and pricier iPhone 17 Pro models, will likely be the star of an event that will otherwise feature incremental upgrades to Apple Watches and other mainstay product lines. The iPhone Air will go head-to-he...

August 21, 2025 10:54 AM

Apple to open third India retail store in Bengaluru on Sep 2

iPhone maker Apple on Thursday announced that it will open its doors to customers at Apple Hebbal, its newest retail location in India, on September 2. This opening marks a significant expansion for Apple in the country, offering more customers in India new ways to explore and buy Apple products, and experience Apple’s exceptional service in person in Bengaluru’s Phoenix Mall of Asia. This would be Apple’s third own retail store in India — after Mumbai and Delhi. According to the comp...

June 10, 2025 9:36 AM

Apple opens its AI to developers but keeps its broader ambitions modest

Apple AAPL.O announced on Monday a slew of artificial intelligence features including opening up Apple Intelligence's underlying technology in a modest update of its software and services as it lays the groundwork for future advances. The presentations at its annual Worldwide Developers Conference focused more on incremental developments, including live translations for phone calls, that improve everyday life rather than the sweeping ambitions for AI that Apple's rivals are marketing. A year a...

November 25, 2024 3:27 PM

India’s iPhone output reaches $10 billion, creates 1.75 lakh jobs

Riding on the government's production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday. The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), with exporting more than $10 billion worth of iPhones. In a post on X, Union Electronics and IT Minister Ashwini Vaishnaw said that this is yet anothe...

November 14, 2024 11:15 AM

Apple iPhone exports from India hit record Rs 60,000 crore in April-Oct

In a new record, Apple has reached almost Rs 60,000 crore in iPhone exports from India in the first seven months during the current fiscal (FY25). In the April-October period, the Cupertino-based tech giant exported iPhones worth almost Rs 60,000 crore (over $7 billion), at almost Rs 8,450 crore (nearly $1 billion) worth export each month in the ongoing financial year, according to industry data. This time, the company is exporting newly-launched iPhone 16 models from India, apart from the oth...

August 2, 2024 11:17 AM

Apple pins hopes on AI for iPhone upgrades as China sales falter

Apple said its third-quarter iPhone sales were better than expected and forecast more gains on Thursday as it bets on artificial intelligence to attract buyers, even as its overall China business disappointed. Shares of the company rose nearly 1% in extended trading, outperforming other tech stocks that were broadly lower. Apple is expected to launch this fall what analysts have called the biggest software upgrade for the iPhone. It includes artificial intelligence features and comes at a time...

September 16, 2024 6:14 PM

Apple charged with breaching EU tech rules, faces another probe

European Union antitrust regulators charged on Monday that Apple breached the bloc's tech rules, a charge that could result in a hefty fine for the iPhone maker which also faces another investigation into new fees imposed on app developers. The European Commission, which is also the EU's antitrust and technology regulator, said it had sent its preliminary findings to Apple following an investigation launched in March. The charge against Apple is the first by the Commission under its landmark D...